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Politics

  • Presidential candidate Hillary Clinton puts Keystone XL oil pipeline and pharmaceutical industry in the firing line

    September 22, 2015

    Presidential hopeful Hillary Clinton finally announced last night that she opposed the Keystone XL oil pipeline, which is to transport Canadian oil to refineries on the Gulf of Mexico via Nebraska. She said in a meeting in Iowa that it was “a distraction from the important work we have to do to combat climate change”. [...]

  • MPs should be banned from all paid advisory work, claims Transparency International UK

    September 22, 2015

    MPs should be banned from doing all paid advisory and consultancy work relating to parliamentary business, according to Transparency International UK, which claims current rules are "not fit for purpose".  The anti-corruption group said there was a “significant risk of conflicts of interest” in the current status quo, estimating that £3.4m was paid to 73 [...]

  • CBI director general John Cridland says the government risks sending a worrying signal to businesses over renewable subsidies

    September 22, 2015

    Certainty and clarity of direction are critical to developing long-term business investment in low-carbon markets, the director general of the Confederation of British Industry. Speaking in London next to former vice president of the US Al Gore, John Cridland said the world needs to keep up momentum on finding a global solution, by building on [...]

  • Alexis Tsipras sworn in as Greek prime minister after Syriza’s shock election victory

    September 22, 2015

    Alexis Tsipras was sworn in tonight for a second term as Greek prime minister, having secured a surprisingly strong victory in the country's snap elections yesterday. Tsipras is expected to use his second term to revive Greece's banks and its crippled economy, while demanding debt relief from creditors, an official told Reuters. He was given a [...]

  • Yanis Varoufakis to Matteo Renzi: Europe bullied and blackmailed Alexis Tsipras, but you still haven’t got rid of me

    September 22, 2015

    Greece's former finance minister and one-time golden boy Yanis Varoufakis has hit back at his critics, claiming Europe's leaders 'bullied' Alexis Tsipras into agreeing the final terms of the bailout this summer.  In an open letter to Italian Prime Minister Matteo Renzi, the game theorist claims Tsipras was subject to "unbearable bullying, to naked blackmail, [...]

  • Greek election September 2015 results: Syriza might have won, but turnout falls and Alexis Tsipras’ share of the votes cast has dropped

    September 22, 2015

    Greek Prime Minister Alexis Tsipras has hailed a clear victory and claims he feels “vindicated” after winning Sunday’s general election, designed to garner a fresh mandate. https://twitter.com/tsipras_eu/status/645691361753063424 Polls had the race between Tsipras' Syriza party and the centre-right group New Democracy as much closer than it transpired. He heralded the result as "a mandate to [...]

  • Yanis Varoufakis says Greek prime minister Alexis Tsipras now has “negligible” negotiation power

    September 22, 2015

    Former Greek finance minister Yanis Varoufakis has doubted the ability of Greek prime minister Alexis Tsipras to deliver on key promises in his second term. The economics professor, whose research focus is game theory, said Tsipras has limited scope to renegotiate the details of the agreement and barter for debt relief. "Voters supported Tsipras because he appeared the [...]

  • EU migrant crisis: EU interior ministers to meet to discuss binding quotas

    September 22, 2015

    European ministers will meet later today to attempt to come to a decision on how to relocate 120,000 asylum seekers who are already in Europe. The meeting in Brussels later today is an attempt to reach a consensus ahead of a meeting tomorrow of European leaders. Read more: The European Parliament has approved a relocation [...]

  • Republican Scott Walker to drop out of 2016 presidential race

    September 21, 2015

    Republican governor Scott Walker of Wisconsin is planning to drop out of the 2016 presidential race, according to media reports. Sources told the New York Times that difficulties raising money, bought about by his decline in the polls, mean Walker is no longer vying for the Republican presidential nomination. He was towards the top of [...]

  • Independent Catalonia would have to leave Eurozone says central bank

    September 21, 2015

    An independent Catalonia would face almost certain ejection from the Eurozone, and the collapse of its banking system, the head of the Spanish central bank warned today. "The exit from the euro is automatic, the exit from the European Union is implied," Bank of Spain chief Luis Maria Linde said during an event in Madrid [...]

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